BIRLA INSTITUTE OF TECHNOLOGY & SCIENCE, PILANI

WORK INTEGRATED LEARNING PROGRAMMES

Digital

Part A: Content Design

Course Title PROJECT MANAGEMENT
Course No MBA ZG523/PDBA ZG523/ QM ZG523
Credit Units 4
Credit Model 1-1-2
Content Author Dr. RAJESH MATAI

Course Objectives (CO)

No Course Objective
CO1 To understand the need for project management and decide the right organizational
structure.
CO2 To define the project scope, work breakdown structure, and development of the project
network. Loading, Scheduling, and Allocation of Resources. Optimization of cost-time
schedule and monitoring the performance of the projects using earned value analysis.
CO3 To identify the project risks, contingency plans, and change management system. To
understand the risk analysis methods and decision-making.
CO4 To understand project audit methods and project closure procedures.

Text Book(s)

T1 Clifford F. Grey, Erik W. Larson, Gautam V. Desai “Project Management The Managerial
Process” McGraw Hill Education(India) Private Limited, New Delhi, Sixth Edition, 2014
T2 Prasanna Chandra, Projects: Planning, Analysis, Selection, Financing. Implementation &
Review, McGraw Hill Education (India) Private Limited, New Delhi, 8th Ed., 2014.

Reference Book(s)

R1 Goldratt, E.M. "Critical Chain", Productivity and Quality Publishing Private Limited, Madras
(India), Reprint 2018.
R2 Kerzner Harold, “ Project Management: A Systems Approach to Planning, Scheduling, and
Controlling”, Wiley Student Edition, Tenth Edition, 2013.
R3 Kamaraju Ramakrishna, “Essentials of Project Management”, PHI Learning Private Limited,
First Edition, 2012.
R4 Garold D Obriender, “ Project Management for Engineering and Construction”, Mc Graw Hill
Education, Second Edition, 2014.

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Content Structure

• Modern Project Management

• What is a Project?
• The Project Life Cycle
• The Project Manager
• Drivers of Project Management

• Organization: Structure and Culture

• Project Management Structures
• Organization Culture

• Organization Strategy and Project Selection

• Strategic Management Process
• A Portfolio Management System
• Selection Criteria
• Applying a Selection Model
• Managing the Portfolio System

• Time Value of Money

• Future Value of a Single Amount
• Present Value of a Single Amount

• Investment Criteria
• Net Present Value
• Benefit-Cost ratio
• Internal Rate of Return
• Payback Period

• Project Cash Flows

• Elements of Cash Flow Stream, Basic Principles of Cash Flow Estimation
• Cash Flow Illustrations

• Defining the Project

• Project Scope, Priorities, Work Breakdown Structure, Integrating WBS, Coding WBS
• Process Breakdown Structure
• Responsibility Matrices, Project Communication Plan

• Estimating Project Times and Costs

• Factors influencing Quality of Estimates
• Estimating Guidelines for Times, Costs and Resources
• Top-down versus Bottom-Up Estimating
• Methods for Estimating Project Times and Costs
• Types of Costs, Refining Estimates

• Developing a Project Plan

• Constructing a Project Network, AON (and AOA) Diagram, Network Computation
Process
• PERT Calculations, Project Activity Times, Probability of Completion

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 • Scheduling Resources and Costs
• Types of Resource Constraints
• Resource Loading
• Resource Leveling
• Resource Allocation
• Heuristics
• Limited Resources
• Time Phased Budget Baseline

• Reducing Project Duration

• Reducing Project Duration
• Options for Accelerating Project Completion
• Project Cost – Duration Graphs & Optimization
• Direct and Indirect Costs
• Crash Times
• Decisions on Time and Cost Reductions
• Time Reduction
• Cost Reduction

• Progress and Performance Measurement and Evaluation

• Structure of Project Monitoring and Information Systems
• Project Control Process
• Monitoring Time Performance
• Development of Earned Value Cost/Schedule System
• Developing Status Reports
• Earned Value Analysis
• Indices to Monitor Progress
• Forecasting Final Project Cost

• Project Risk Management

• Risk Management Process
• Contingency Planning
• Handling Risks
• Contingency Funds and Time Buffers
• Change Control Management

• Project Closure
• Types of Project Closure
• Wrap-up Closure Procedure
• Post Implementation Evaluation

Learning Outcomes:

No. Learning Outcome

LO1 Identify Projects in a project driven and non-project driven organization

LO2 Prioritize Projects, Select Projects and Prepare Project Scope Statement

LO3 Prepare projected cash flow statement

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 LO4 Project Planning, Scheduling and Control of Projects

LO5 Carry out work breakdown structure, assign responsibilities, and prepare a communication
plan

LO6 Identify Project Risks and prepare contingency plans

Experiential Learning:

To learn and practice planning, scheduling, and control of projects using MS Project software/Excel or
related software. The students are expected to prepare a work breakdown structure, estimate time and
cost, and plan the entire project with minute details of resources.

Use the links below to learn the basics of Microsoft Project

https://www.youtube.com/watch?v=goX6N9RjGUs

https://www.youtube.com/watch?v=iUqbhkJWt_4

Part B: Learning Plan

Academic Term SECOND SEMESTER 2023-2024

Course Title PROJECT MANAGEMENT
Course No MBA ZG523/PDBA ZG523/QM ZG523
Lead Instructor RAJESH MATAI

Session-1 and 2

Type Topic Title Study/HW Resource Reference

What is a Project and its
Pre CH management? T1: Chapter-1
During
CH Modern Project Management T1: Chapter-1
T1: Chapter-1 Review
Post CH Modern Project Management Questions and Exercises

Session-3
Organization: Structure and
Pre CH Culture Read T1: Chapter-3
During Organization: Structure and
CH Culture T1: Chapter-3
Organization: Structure and T1: Chapter-3 Review
Post CH Culture questions and Exercises

Session-4

4
 Organization Strategy and
Pre CH Project Selection Read T1: Chapter-2
During Organization Strategy and
CH Project Selection T1: Chapter-2
Organization Strategy and T1: Chapter-2 Questions and
Post CH Project Selection Exercises

Session-5
Time Value of Money,
Pre CH Investment Criteria Read T2: Chapter-7 & 8
During Time Value of Money,
CH Investment Criteria T2: Chapter-7
Time Value of Money, T2: Chapter 7 & 8 Questions
Post CH Investment Criteria and Problems

Session-6

Pre CH Defining the Project Read T1: Chapter-4

During
CH Defining the Project T1: Chapter-4
T1: Chapter-4 Review
Post CH Defining the Project Questions and Exercises

Session-7

Pre CH Developing a Project Plan Read T1: Chapter-6

During Developing a Project Plan
CH (CPM) T1: Chapter-6
T1: Chapter-6 Review
Post CH Developing a Project Plan Questions and Exercises

Session-8
CPM and PERT Calculations Read T1: Chapter-6and
Pre CH Appendix-7.1
During CPM and PERT Calculations T1: Chapter 6 and Appendix-
CH 7.1
PERT Calculations T1: Chapter 6 and Appendix-
Post CH 7.1

Session-9

How to schedule Resources in

Pre CH Projects? Read T1: Chapter-8
Resource Allocation Methods-
Time Constrained and Resource
During Constrained Project Scheduling
CH Problem T1: Chapter-8

5
 Post CH How to schedule projects T1: Chapter-8 Exercise

Session-10
Reducing Project Duration
Estimating Project Times and
Pre CH Costs Read Chapter-9 and 5
Reducing Project Duration
During Estimating Project Times and
CH Costs Chapter-9 and 5
Reducing Project Duration
Estimating Project Times and Chapter-9 and 5 Review
Post CH Costs Questions and Exercises

Session-11
Progress and Performance
Pre CH Measurement and Evaluation Read T1: Chapter-13
During Progress and Performance
CH Measurement and Evaluation T1: Chapter-13
Progress and Performance T1: Chapter13 Review
Post CH Measurement and Evaluation Questions and Exercises

Session-12

Pre CH Managing Risk Read T1: Chapter-7

During
CH Managing Risk T1: Chapter-7
T1: Chapter-7 Review
Post CH Managing Risk Questions and Exercises

Session-14

Pre CH Project Closure Read T1: Chapter-14

During
CH Project Closure T1: Chapter-14
T1: Chapter-14 Review
Post CH Project Closure questions and Exercises

Evaluation Scheme:

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Legend: EC = Evaluation Component; AN = After Noon Session; FN = Fore Noon Session
No Name Type Duration Weight Day, Date, Session, Time

EC1 Experiential CeSim Simulation 15%

Learning Game will be played
by students in teams.
To be announced
It is a program of
multi-project
environment.
EC1 Situation Learning (1) Select any 5%
Assignment Organizational
Project and
Define it on
To be announced
the lines
learned in the
course.

Situation Learning (2) List down 5%

Assignment activities of a
Project you
performed (or
are planning
to perform),
identify the
precedence
relationship of
To be announced
activities,
estimate
activity times,
draw a
network, and
then identify
the critical
path.

EC-2 Mid-Semester Test 2 hours 30%

Closed Book Sunday, 22/09/2024 (AN)
EC-3 Comprehensive Open Book 2½ 45%
Sunday, 01/12/2024 (AN)
Exam hours

Syllabus for Mid-Semester Exam (Open Book): Topics indicated in Sessions-1 to 8.

Syllabus for Comprehensive Exam (Open Book): All topics.

Important links and information:

Elearn portal: https://elearn.bits-pilani.ac.in

Students are expected to visit the Elearn portal regularly and stay up to date with the latest
announcements and deadlines.

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Contact sessions: Students should attend the online lectures as per the schedule provided on the
Elearn portal.

Evaluation Guidelines:
1. EC-1 consists of either two Assignments and three Quizzes. Students will attempt them
through the course pages on the Elearn portal. Announcements will be made on the portal,
in a timely manner.
2. For Closed Book tests: No books or reference material of any kind will be permitted.
3. For Open Book exams: Use of books and any printed/written reference material (filed or
bound) is permitted. However, loose sheets of paper will not be allowed. Use of
calculators is permitted in all exams. Laptops/Mobiles of any kind are not allowed. The
exchange of any material is not allowed.
4. If a student is unable to appear for the Regular Test/Exam due to genuine exigencies, the
student should follow the procedure to apply for the Make-Up Test/Exam, which will be
made available on the Elearn portal. The Make-Up Test/Exam will be conducted only at
selected exam centres on the dates to be announced later.
It shall be the responsibility of the individual student to be regular in maintaining the self study
schedule as given in the course handout, attend the online lectures, and take all the prescribed
evaluation components such as Assignment/Quiz, Mid-Semester Test and Comprehensive Exam
according to the evaluation scheme provided in the handout.